Transcript Canadian Trade in the MENA - Canada

Canadian Trade in the MENA Region
2012 Canadian Exports
2012 Canadian Imports
C$5.9 billion
C$15.3 billion
2012 Total MENA Trade
C$21.3 billion
up from C$18.3 billion in 2011
Canada’s Top MENA trade markets in 2012
Canadian Exports
UAE
1.5 billion
Saudi Arabia 1.4 billion
Egypt
447 million
Algeria
420 million
Iraq
395 million
Israel
265 million
Source: Statistics Canada
Canadian imports
Algeria
6 billion
Iraq
4 billion
Saudi Arabia 2.9 billion
Israel
1.1 billion
Egypt
515 million
UAE
202 million
Trade & Investment Policy Instruments
Free Trade Agreements
• Canada-Jordan FTA came into force October 1, 2012
• FTA negotiations ongoing with Morocco
• Exploratory discussions to expand Canada-Israel FTA
successfully completed
Foreign Investment Promotion and Protection
Agreements
• FIPAs in force in Egypt, Jordan, and Lebanon
• FIPAs signed with Kuwait and Bahrain but not yet in force
• FIPA negotiations ongoing with Tunisia
Tax Treaties
(Finance Canada negotiates)
Double Taxation Agreements (Avoidance of)
• DTAs in force with Egypt, Israel, Jordan, Kuwait, Oman,
Tunisia, and the UAE.
• DTA with Lebanon signed but not yet in force
• Negotiations to update the tax treaty with Israel have
begun
Tax information and exchange agreements
• TIEA signed with Bahrain but not yet in force
Canadian Trade Commissioner Service
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Created in 1894
Offices across Canada
Over 150 offices around the world
4 trade offices in the Middle East:
- Dubai and Abu Dhabi (UAE)
- Kuwait City (Kuwait and Qatar)
- Riyadh (KSA, Yemen, Bahrain, Oman)
4 trade offices in North Africa:
- Algiers (Algeria)
- Rabat (Morocco and Mauritania)
- Tripoli (Libya)
- Tunis (Tunisia)
TCS Services
We can help you:
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prepare for international markets
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assess your market potential
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find qualified contacts and
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resolve business problems
• The TCS services are offered free of charge to Canadian
companies and organizations
• We commit to 5 working day turnaround
• We commit to commercial confidentiality
Preparation for int’l markets
A Trade Commissioner at one of our regional offices in
Canada will work with you to:
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determine if you are internationally competitive
decide on a target market
collect market and industry information
improve your international business strategy
Assessing market potential
Our trade offices abroad provide:
• Market intelligence
• Advice on implementing your market strategy
Find Qualified Contacts
• Key players in the foreign market
• partnering, market entry, responding to unsolicited
proposals or on how to approach an organization in a
foreign market
• Contacts in Canada
• business contacts abroad
Resolve Business Problems
Although we can't enter into private disputes or act on your behalf in legal
situations, the Trade Commissioner Service can advise on market access
problems and other business challenges including:
- customs clearance and shipping
- unfair business treatment
- contract bidding
- storage and warehousing
- insurance coverage and claims
- overdue accounts receivable
- and more
Examples of Proactive initiatives
Business Missions
• Trade mission to Saudi Arabia and Jordan led by Minister
of International Trade (Oct 2012)
• Business mission to Morocco now in infrastructure,
services and capital projects
High-level visits
• Minister Baird, Minister Fast, Minister Toews, Minister
Kenney have travelled to the region recently
• Canada to host Joint Economic Commission with Saudi
Arabia on May 10, 2013
New platforms for engagement
• Doing Business in the GCC Linked In page
• Canada-UAE Business Council
Partners to help Canadian companies to
do business internationally
Trade Commissioner Service works closely with partners such as
provincial governments and business/industry associations.
The Minister of Int’l Trade’s portfolio includes Crown corporations EDC
and CCC and each offers complementary products and services:
Export Development Canada
• Accounts receivable, contract and political risk insurance
• Foreign buyer, project and private equity financing
• Contract bonding insurance and guarantees
• Bank and export guarantees
• Lines of credit for buyers of Canadian exports
Canadian Commercial Corporation
• Prime contractor service
• Procurement service
Contact Us
Your MENA Trade Team in Ottawa
Brigette Walenius (Deputy Director, Middle East)
Edward Wang (Deputy Director, North Africa)
Maria Lo (Bahrain, Kuwait, Oman, Qatar, KSA, Yemen)
Muhammad Ali (Egypt, UAE, Iran, Syria)
Steve Guertin (Jordan, Iraq, Israel, and Palestinian
Terrs)
Philippe Armengau (Algeria, Libya, Mauritania,
Morocco, and Tunisia)
[email protected]
www.tradecommissioner.gc.ca